AN ORDINANCE APPROVING THE SALE OF CERTAIN PROPERTY HELD BY THE METROPOLITAN GOVERNMENT OF NASHVILLE AND DAVIDSON COUNTY, TENNESSEE (MAP 107, PARCEL 9; CENTURY BOULEVARD AT MARRIOTT DRIVE).

WHEREAS, The Metropolitan Government of Nashville and Davidson County owns a certain parcel of property totaling some .555 acres, more or less; and

WHEREAS, The Metropolitan Government of Nashville and Davidson County has determined that this property (see attached Exhibit A) is not needed for general governmental purposes; and

WHEREAS, the Department of Public Works has retained sufficient land for future right-of-way expansion; and

WHEREAS, the Public Property Administration has established a minimum selling price of $75,000.00 for said property; and

WHEREAS, the Director of Public Property Administration is authorized to sell property, subject to the approval of the Metropolitan County Council and Mayor.

NOW, THEREFORE, BE IT ENACTED BY THE COUNCIL OF THE METROPOLITAN GOVERNMENT OF NASHVILLE AND DAVIDSON COUNTY, TENNESSEE:

SECTION 1. The Metropolitan County Council declares that the following parcel of land held by the Metropolitan Government to be surplus:

Map 107, Parcel 9Century Boulevard at Marriott Drive

SECTION 2. The Director of Public Property Administration is hereby authorized to sell, for a minimum amount of $75,000.00, the said property listed above to an adjacent property owner in accordance with established rules and regulations and to execute the necessary documents pertaining thereto.

SECTION 3. The proceeds from the sale of said property shall be credited to the General Fund of the Metropolitan Government.

SECTION 4. This Ordinance shall take effect from and after its passage, the welfare of The Metropolitan Government of Nashville and Davidson County requiring it.